News

Wheat Rallying on Tuesday, with Some Limit Gains Following USDA Production Update

The wheat complex is posting strong gains across all three exchanges on Tuesday. Chicago SRW is 32 to 42 cents higher so far on Tuesday. KC HRW futures are up 35 to the 45 cent limit on Tuesday. MPLS spring wheat are rallying 30 to 40 ½ cents across most...

Crude Oil Prices Rally on Doubts Over US-Iran Ceasefire

June WTI crude oil (CLM26 ) today is up +3.95 (+4.03%), and June RBOB gasoline (RBM26 ) is up +0.1110 (+3.08%). Crude oil and gasoline prices are moving sharply higher today after President Trump cast doubt over the ceasefire with Iran, which could lead to the escalation of hostilities that...

Trump, lawmakers pitch gas tax relief. What it could mean for consumers

President Donald Trump floated a federal gas tax suspension. If enacted, here's how that could impact consumers.

Mid-America Apartment Communities' Series A Preferred Shares Cross 8% Yield Mark

MAA.PRI, MAA

In trading on Tuesday, shares of Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) were yielding above the 8% mark based on its quarterly dividend (annualized to $4.25), with shares changing hands as low as $52.50 on

TPG Mortgage Investment Trust's Series A Preferred Stock Shares Cross 9% Yield Mark

MITT.PRA, MITT

In trading on Tuesday, shares of TPG Mortgage Investment Trust Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (Symbol: MITT.PRA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $22.78 on t

Bain Capital Specialty Finance Q1 Earnings Call Highlights

BCSF

Bain Capital Specialty Finance (NYSE:BCSF) reported first-quarter net investment income that matched its regular dividend, while net income was pressured by unrealized losses tied to select portfolio companies and broader market valuation adjustments. On the company’s earnings c

Hogs Falling Back on Tuesday

Lean hog futures are down 12 to $1.52 in most contracts on Tuesday. USDA’s national base hog price was reported at $94.93 on Tuesday morning. The CME Lean Hog Index was back down 38 cents on May 8 at $90.41. USDA’s pork carcass cutout value from the Tuesday AM report...

Soybeans Posting Strength as USDA Shows Tighter Stocks

Soybeans are in rally mode on Tuesday, with contracts up 11 to 17 cents on a friendlier USDA report from this morning. The cmdtyView national average Cash Bean price is up 14 1/2 cents at $11.61 3/4. Soymeal futures are up $3.70 to $5.10, with Soy Oil futures 80 to...

Corn Holding onto Tuesday Gains

Corn futures are holding up on Tuesday, despite a USDA report more on the bear side of things. Contracts are up 3 to 4 cents The CmdtyView national average Cash Corn price is up 3 3/4 cents to $4.38 3/4. The May WASDE report from this morning saw a 15...

Cotton Slipping on Tuesday as Old Crop Stocks Remain Steady

Cotton futures are pulling back on Tuesday, with contracts down 73 to 88 points so far on the session. The US dollar index is $0.441 higher at $98.265. Crude oil is up $3.78 at $101.85 at midday. The annual USDA Cotton Ginnings report showed a total of 13.539 million RB...